Size does matter. Or, does it?

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We have this view of the world that the super-mega market leaders in one niche or market have a superpower that will guarantee success in new markets. The current Facebook S1 release is just another sign of this irrational view. “Facebook dominates advertising.” “Facebook more important for advertisers than Google.” “Mark Zuckerberg for President.”

The majority of brands are only good at doing one thing. If you hit the jackpot, they are good at 2 things. Almost nobody is good at three things. Remember when Facebook Places was launched and every dopey pundit proclaimed the end of Foursquare? (Including this dope.) Or when Google Wave launched? Google Buzz? G Phone? When Yahoo tried social. (Let’s not hate on a corpse.) When Microsoft got into mobile hundreds of years ago and never achieved their goals? Or when Apple tried social?

Size does matter. But it’s not everything.

There are rare instances where companies can crush a competitor: IE vs. Netscape comes to mind. But it’s not common. That’s why you shouldn’t be brainwashed by the size of a company, focus on the excellence of a company. Facebook is really good at growing their user base, allowing us to share information with family and friends. They belong in the user baser growing Hall of Fame. Does Facebook do anything else that belongs in the Hall of Fame? Deals? Places? Commerce? Advertising Conversion? Monetization. Nope. They didn’t even make the roster, riding the Minor League bus.

Will Google ever succeed in social? Google+ is doing okay but it’s not in the same league as Facebook and Twitter. They even show cracks in their dominance of the search business. Microsoft’s browser domination is gone. Soon, Facebook will see increasing fatigue and the brainwashing of a new shiny tool. While we live longer, social platforms life expectancy tends to decrease.

Don’t get fooled by size. On Sunday, many advertisers will link their advertising to Facebook pages or Twitter accounts. That’s foolish. Facebook owns all the data. Who guarantees you that they don’t sell it to your closest competitor?

Look at the big picture and have a long-term strategy. If you put more and more eggs in Facebook, you need to move some out and put them in different platforms. It’s not about new platforms, it’s about experimenting with better ways to market, platforms that convert and technologies that are effective in achieving your business goals.

We need to find more meaning in Social Media

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I get up in the morning, check my email first and then explore what happened overnight on Google+, Facebook and Twitter. My streams are littered with reactions to some software updates or a new app release, musings about social platforms and why they’re dead or half-alive, food posts, complaints about flight delays, snarky remarks about politicians or pundits.

It’s my fault. I created this virtual world.

These are friends, colleagues, acquaintances, thought leaders. I chose to follow them. I created this stream. Sometimes it seems silly.

We have so many problems in this world. Our institutions don’t work anymore. We have a crumbling infrastructure. Debt everywhere. People kicking cans down the road. I’m worried about our future. I’m even more worried about our kid’s future.

Social Media was supposed to change the world

We finally had a voice. We finally could speak out. But we tend to talk mostly about entertaining issues: TV shows, sports, weather.

Don’t get me wrong. I’m not blaming anyone. I’m just blaming myself. We’ve been given this fantastic technology and we tend waste it on trivial matters.

Since I called myself out…

Over time, I will try to make a meaningful effort to add more compelling content into the stream. And stop bothering people with the triviality of my existence.

The Arab Spring, the London riots, the storm in Los Angeles: Examples were Social Media was used beyond marketing.

Take this video:

A racist woman on the tram.  The viral video – named My Tram Experience – shows a white woman racially abusing Black and Polish people on a train from Croydon to Wimbledon.  The video, which is extremely uncomfortable to watch, sparked millions of tweets on the subject.  The hashtag #mytramexperience was the top trend one day and soon the video had been watched million of times.  Later, following outrage from the general public and many celebrities, the woman, later named Emma West, was arrested.

That is the power of Social Media. And we should remember it when we tweet or post the next time.

Why people hate your brand on Facebook

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Or Twitter. Or any other social platform

Everybody has favorite brands. We have preferences when it comes to cars, restaurants, TV shows, movies, grocery stores, bands, authors, bloggers – you name it. You are one of these brands that people like and continue to purchase.

Wonderful.

So, one day you decide to jump on the Social Media bandwagon and develop a presence on some social platforms. Let’s say your first choice is Facebook. And you start to market your Facebook page: “Please find us” or “Like us”. And they do.

Wonderful.

Not really. Wonderful for some customers and brands. The small minority.

The majority of customers hate their favorite brand on Facebook.

Why?

Because you are only focused on the platform and not on the offer.

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The majority of people follow brands because they want offers, are current customers or explore entertaining content that they can’t get anywhere else. People connect with brands because they want something and they expect brands to give them something.

Focus on less on the what. And more on the why.

The social space is littered with brands that never answered the question why a person should connect with them. Marketing on a social platform doesn’t work without the why. Brands need to define their own WHY before choosing a specific platform. Once you determined your why, you can create your strategy: Content to engage people, contests, polls, humor, discounts, coupons – your why has to be aligned with your brand promise and needs to be sustainable for the long-term.

Define your value proposition and communicate it.

Don’t just ask people to like you or follow you on Twitter. Tell them what they get in return, why they spend their limited time with your content, what’s in for them?

Being social is your primary goal. Being a marketer is secondary.

Nothing wrong with marketing on social platforms. Don’t feel guilty about it. But you have to be social. Create compelling content that keeps people coming back. The customers are really the king on social platforms. You’re the servant.

Facebook hates my friends

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Whenever I go to Facebook, I tend to see the same people on top of my newsfeed (I love you all.) and a lot of (almost) strangers. I met some of them a few years back, made the connection, never to see them again. I know what they are doing each day, what hotel they are staying, what song they are listening to.

But I often don’t see my own wife. Or my best friend.

There’s mounting evidence that Facebook is making assumptions about me – without asking.

Those (false assumptions) are shaping who else I see, meet and talk with and I find that deeply problematic.

Last weekend, while watching football, I went through all my Facebook friends and clicked on the forgotten ones. The ones that I normally don’t see. The ones that I miss. My friends. I was hoping that clicking on their profile would change the algorithm and let Facebook know that I care about these people. Nothing changed. I still see the usual suspects. And the strangers.

Personalization can be very convenient and useful. But it can also be wrong and damaging. Personalization may find you lots of what you like, but look at the ads that you see. They are based on similar assumptions. On my page, it’s the request to like Michelle Obama, some crappy brain enhancing formula and the request to like Kia. I don’t care about Michelle Obama that much, my brain functions very well, thank you very much, and don’t get me started on Kia.

Assumptions behind personalization are wrong all too often.

Those assumptions will push you in a direction that you may not want to head into. I don’t mind reading about strangers but the reason for investing time in Facebook was to stay close to family and friends, wasn’t it? Facebook should offer the option of opting in and give me more freedom. They can ask each of us to confirm assumptions they are making.

Of course they won’t. It’s inconvenient to them in their haste to assume they know what is convenient to us and what is not.

It will get worse.

Rumor says, Facebook will try to get public next year. This will increase the pressure on the platform to improve monetization. The algorithm will be changed to improve opportunities for brands to connect with us. We’ll see more brands/advertising/marketing and less friends. Makes sense for Facebook. Not so much for us.


Ten things every marketer should be thankful for

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Groupon’s IPO: We’ve wasted too much time, writing about Groupon’s problems, challenges, opportunities and internal machinations. I’m as guilty as anyone. The IPO filing moved the conversation from pundits to the market. As it should be.

2. Google+: Since we don’t have to focus on Groupon anymore, Google+ gave marketers more fodder to discuss the problems, challengesand opportunities of Google’s innovative social layer. The combination of SEO and a huge user base makes it likely Google+ will be a success. It’s not the new Facebook, but it’s a new Google.

3. Zombies cling to life: Just a few deaths of 2011: The Web, micro site, print, display ads, television (a golden oldie) and radio. I’m glad to see all these zombies looking pretty much alive. Some of them need some drastic procedures to move them back to a real healthy existence, others need a good rehab to reset their mission and vision. Still, they are alive, nobody died and no need to write more obituaries.

4. Josh Williams, Gowalla: It’s good to see a CEO pivot in the right way. He knew he lost the “check-in war” and changed the vision of his company from “I was here” to “I wish you were here.” Check-ins were always kind of stupid: marketing opportunities are limited (Since most people use location-based apps as personal branding tools, the opportunity for businesses to conquest seems minimal), and the user base was even more limited. Foursquare cornered that small opportunity and we’ll see if they can get traction outside of the geek crowd. Gowalla’s mission change to craft the narrative of your life is fascinating. I wish them well.

5. Content Marketing: Let’s be honest here: We didn’t feel needed anymore. People just blocked us out. Banner blindness, DVR, apathy, ignoring our messages. Content marketing gave us an opportunity to go back to our roots of communicating with our customers and prospects without selling. Instead of being the parrot-on-the-shoulder-crazy-colored-blazer-wearing pitchman, we can deliver now messages that make our buyers more intelligent. Beautiful.

6. Steve Jobs: Simplicity and purpose. A powerful vision for all of us.

7. The GOP primary: Some of the candidates remind us of marketing lessons we should never forget:

a. Rick Perry: Never overpromise and under-deliver. Always under-promise and over-deliver.

b. Herman Cain: Always be prepared for everything. You lose all credibility when you don’t know the basics of your profession.

c. Mitt Romney: It’s not good enough to look and act the part. You need substance.

d. Rick Santorum: Brand Awareness is important.

e. Jon Huntsman: If there’s no demand for your product, you need to create demand.

f. Newt Gingrich: Lies only get you so far. And they will always come back to haunt you.

8. John Wanamaker: “Half the money I spend on advertising is wasted; the trouble is I don’t know which half.” We all thought this would change with the digital revolution. Not so fast, friends. Clearly, we still haven’t figured it out and John Wanamaker’s quote will be around for many decades to come. Maybe not, since some claim 90% of advertising is wasted.

9. Mark Zuckerberg: The inventor of the Zuckerberg dance: Introducing new features, protest dances by a minority of users combined with flaming threats of an even smaller minority to leave for good, Mark and his team dance the apology tango, retreating slightly with a waltz and the users go back to do the Facebook Polka. Thanks, Mark, for keeping us all in motion.

10. All the people that dedicate their lives to help people in real need. You have my deepest thanks. You do work that really matters.

Last but not least, thank you to everybody who reads my posts. I feel humbled and quite lucky to have the privilege. Thanks for being here, for making a difference and changing the world.

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